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What is meant by import-led stagnation?
Certificate of Deposit
A savings certificate with a fixed maturity date and specified fixed interest rate, often issued by banks.
Promissory Note
A financial document in which one party (the maker) promises to pay another party (the bearer) a definite sum of money, either on a specific date or upon demand.
Indorsement
An alternative spelling for endorsement; the act of signing one's name on a document to validate it or transfer its ownership.
Tort of Conversion
A legal term referring to the wrongful possession or use of property without permission, effectively converting it from the owner's possession to the wrongdoer's.
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